VMM 4.26% 49.0¢ viridis mining and minerals limited

I am not from sixty two capital. How I do know who they are and...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,510 Posts.
    lightbulb Created with Sketch. 1054
    I am not from sixty two capital. How I do know who they are and have received some ipo recently and cr through some associates of theirs. I got on board Vmm from the 40s onward and have accumulated a sizable holding on Vmm. My confidence in Vmm is based on the following:

    1. Peer valuation and results of Mei
    2. results of Vmm pointing to potentially being a low cost produce And being able to withstand current prices which the majority of producers are struggling which cope with. Hence the supply will eventually decrease until the prices balance. Whatever the situation Vmm and Mei can capitalize.
    3. Management has skin in the game significantly.
    4. Conservative in the delivery of results with transparency - minimum hyperbole as proven by the way they approached the mre.
    5. cash burn on exploration is low. Vs Oz or other western based exploration.

    so I will keep adding parcels at different levels. So done is obviously selling down most likely from the CR . It is also EOFY so volatility can be exaggerated. Any volume is being sold into. I would be buying at critical points of support. I would only consider exiting if management deviate from existing pathway. So far the progress has been immaculate!

 
watchlist Created with Sketch. Add VMM (ASX) to my watchlist
(20min delay)
Last
49.0¢
Change
0.020(4.26%)
Mkt cap ! $35.23M
Open High Low Value Volume
53.0¢ 57.0¢ 49.0¢ $164.1K 314.9K

Buyers (Bids)

No. Vol. Price($)
1 10000 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 4868 1
View Market Depth
Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
VMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.